"Yahoo Inc said Thursday it is moving its European headquarters to Switzerland from London," reports AP. "One person close to the move - understood to be called Project Yodel - said it was made for corporate tax reasons," says the Financial Times, adding:

Google, which has large commercial operations in London, recently chose to base its European engineering headquarters in Zurich and in 2006 Electronic Arts, the games publisher, moved its European headquarters from outside London to Geneva.

Yahoo already has a strong yodelling connection, including a corporate blog, Yodel Anecdotal.